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2023
Exports $153MWorld Rnk 3 / 159
Flag Rnk 59 / 1133
2023
Destination $5.93M Colombia
2022 - 2023
FASTEST GROWING MARKET $5.93MColombia
2023
PRODUCT COMPLEXITY IN Processed Cereals-0.83Rnk 789 / 1025
2023
Imports $24MWorld Rnk 26 / 217
Flag Rnk 393 / 1199
2023
Origin $112k Argentina
2022 - 2023
FASTEST GROWING ORIGIN $112kUnited Kingdom
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $153M in Processed Cereals, making it the 3rd largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 59th most exported product in Chile. The main destination of Processed Cereals exports from Chile are: Colombia ($29.7M), Peru ($22.6M), Guatemala ($18.8M), Ecuador ($16.7M), and Dominican Republic ($11.3M).

The fastest growing export markets for Processed Cereals of Chile between 2022 and 2023 were Colombia ($5.93M), Dominican Republic ($3.41M), and Nicaragua ($1.63M).

Imports In 2023, Chile imported $24M in Processed Cereals, becoming the 26th largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 393rd most imported product in Chile. Chile imports Processed Cereals primarily from: Argentina ($23.2M), United States ($282k), United Kingdom ($112k), Peru ($105k), and Colombia ($66.7k).

The fastest growing import markets in Processed Cereals for Chile between 2022 and 2023 were United Kingdom ($112k), Finland ($25.3k), and Honduras ($21.7k).

Latest Trends

December 2024

About

Overview In December 2024 Chile's Processed Cereals exports accounted up to $14.3M and imports accounted up to $601k, resulting in a positive trade balance of $13.7M. Between December 2023 and December 2024 the exports of Chile's   Processed Cereals have increased by $3.54M (32.8%) from $10.8M to $14.3M, while imports increased by $397k (194%) from $204k to $601k.

Destinations In December 2024, Processed Cereals were exported mostly to Peru ($2.35M), Colombia ($2.17M), Guatemala ($2.16M), India ($1.52M), and Ecuador ($1.4M), and were imported mostly from Argentina ($479k), Uruguay ($62k), Colombia ($49.7k), and Bolivia ($9.95k).

Growth In December 2024, the increase in Processed Cereals's year-by-year exports was explained primarily by an increase in exports to Venezuela ($1.68M or 512%), Dominican Republic ($643k or 58.6%), and Ecuador ($520k or 57.7%). In December 2024, the increase in Processed Cereals's year-by-year imports was explained primarily by an increase in imports from Uruguay ($319k or 198%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$3.54M(32.8%)
IMPORT GROWTH (December 2023 - December 2024)$397k(194%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Peru$2.35M

This section shows Processed Cereals's exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Processed Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$153M
IMPORTS (2023)$24M
NET TRADE (2023)$129M

In 2023, Chile exported $153M in Processed Cereals. The main destinations of Chile exports on Processed Cereals were Colombia ($29.7M), Peru ($22.6M), Guatemala ($18.8M), Ecuador ($16.7M), and Dominican Republic ($11.3M).

In 2023, Chile imported $24M in Processed Cereals, mainly from Argentina ($23.2M), United States ($282k), United Kingdom ($112k), Peru ($105k), and Colombia ($66.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Colombia$5.93M (25%)
Dominican Republic$3.41M (43.4%)
Nicaragua$1.63M (31.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY Chile WERE (2022 - 2023):
Venezuela-$3.35M (-24.1%)
Mexico-$1.53M (-24.1%)
India-$1.21M (-23%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Processed Cereals were:
Canada $537M
Germany $221M
In 2023, Chile's main importing competitors in Processed Cereals were:
United States $513M
Ghana $257M
Netherlands $141M

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Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.47M
TOP IMPORT POTENTIALUnited States+ $349k

Processed Cereals’s highest export potential is United States. With an export gap of $4.47M.   Processed Cereals’s highest import potential is United States with an import gap of $349k.

See methodology.

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